07 Mar '12, 3pm

U.S. Solar Trade Surplus With China Turns Into Gaping Deficit, Says Coalition of Manufacturers

U.S. Solar Trade Surplus With China Turns Into Gaping Deficit, Says Coalition of Manufacturers

GTM analysts haven’t updated their study yet. But a coalition of American manufacturers just released its own report showing that the U.S. lost that surplus in 2011. By a lot. According to the Coalition for American Solar Manufacturing (CASM), the U.S. now has a $1.6 billion trade deficit with China. The group, which supports an anti-dumping complaint recently filed with the International Trade Commission, concludes that the deterioration of U.S. solar manufacturing due to unfair trade practices has turned America’s $1.9 billion global trade surplus into a $1.5 billion trade deficit. Applying the same data sets that GTM Research used, CASM looked at the U.S. industry’s competitive position with China and the world. The analysis shows that in 2011 the United States became a net solar importer from both. The organization is using the study to highlight its belief that Chines...

Full article: http://www.renewableenergyworld.com/rea/news/article/2012...

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